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Author Question: According to the real business cycle theory, technological advances (Read 68 times)

Starlight

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on: Apr 19, 2019

Question 1

According to the real business cycle theory, ________ are responsible for economic growth.


◦ expansionary fiscal and monetary policies
◦ positive shifts in the 
AD curve
◦ trade and income policies
◦ positive shifts in the 
AS curve

Question 2

According to the real business cycle theory, technological advances


◦ increase the marginal product of labor, which causes real wages and output to decline.
◦ decrease the marginal product of labor, which causes real wages and output to increase.
◦ increase the marginal product of labor, which causes real wages to increase and output to decline.
◦ increase the marginal product of labor, which causes real wages and output to increase.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Starlight on Apr 19, 2019

AngeliqueG

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Starlight

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Reply #2 on: Apr 19, 2019
Thanks


AngeliqueG

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Reply #3 on: Apr 19, 2019
Welcome :)


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